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00:00:00
ready uh good morning everybody my name is i'm sure and i am a studio of park right
00:00:06
and today i would like to talk to you about parking now we all understand
00:00:10
the pains of looking for parking i don't need to expand further on this
00:00:13
topic here and actually that is one of the key challenges for parking management companies
00:00:19
as well is to really how to reduce the frustration of parking search
00:00:24
now it can be really expensive to measure occupancy especially in outdoor parking
00:00:28
lots because you need individual sensors placed bunny each parking bay
00:00:32
and as a result it also makes it very inefficient in force to check if somebody has
00:00:36
paid or not you need an individual person to go around and check every single spot
00:00:42
apart query we are a software company that offers a solution for smart parking
00:00:47
the idea is that our customers the parking management and operators may
00:00:52
or may already have a camera in place or the setup
00:00:55
but camera overlooking their parking lot and then they send us the
00:00:58
image beat we analysed the images in our club server
00:01:02
with a state of the art computer vision and deep learning algorithms to
00:01:06
automatically detect which of these parking locations are currently occupy or free
00:01:12
and based on this information we send this back in real time to
00:01:15
our customers the parking management operators and the bacon for the relay
00:01:19
this information to the driver's either via electronic panels or phone apps and
00:01:24
so on on and in addition with this type of information
00:01:28
they can also uh it helps them with planning and or enforcement applications
00:01:34
so since found in two thousand fourteen a park wary
00:01:38
has a launched over forty smart parking projects
00:01:41
um all over the world and correctly we're covering over three thousand parking spots and
00:01:47
more affiliated with more than twenty five of resellers distributors and technology integrators
00:01:54
we are strictly a software company so the camera hardware is being
00:01:58
manage either by our direct customers or by the distributors
00:02:05
there we go um so the idea is that the customers would send us
00:02:09
the images and we specialise in the image analysis of the uh
00:02:15
oh yeah overlooking the parking spaces and then we delivered the both the parking information
00:02:20
as well as the analytic c. and also to the future forecasts
00:02:28
oh
00:02:31
um yeah the texas not so interesting anyway uh anyhow so we operate a a software as a service
00:02:37
so the idea is that um we charge per parking spot that we're covering
00:02:42
we have a one time setup fee software setup fee for each spot and then
00:02:46
we charge a monthly recurring fee for the spots that we analysed um
00:02:53
so the the courting uh our daughters are myself and andreas society
00:02:58
we met at the computer vision lab that you teach zurich
00:03:02
and were supported by team of eleven other software engineers business developers and salespeople in addition we
00:03:08
have a fairly strong board with a those who work in the parking industry as well
00:03:14
um since founding we have received over six hundred thousand
00:03:18
swiss francs in various grants um in addition
00:03:21
does earlier this year we close our seed round of just over half a million swiss francs
00:03:26
and what we're hoping to do is uh opener series a
00:03:29
offering into one of two thousand eighteen this round will
00:03:33
be two and a half to three million and the main goal is to expand our sales and marketing efforts
00:03:39
i'm smart parking is definitely a here to stay as part of the movement towards
00:03:44
more cities and smart ability so um i look forward to hearing from you
00:03:49
thank you for any questions in the room or curry
00:04:01
um so danish market here is actually for outdoors so in underground we can also install
00:04:06
cameras to look at these parts but ah the coverage is not as wide
00:04:13
any other questions
00:04:18
in europe we have a several hundred uh we distributors um so
00:04:23
i mean the limits for us with direct customers are usually with um
00:04:29
either cities the municipalities or with commercial centres and so there are several but we can talk to directly off the bat
00:04:37
but mostly we work through our technology integrators and re distributors and of these there's
00:04:41
probably about a hundred our target customers that we're looking at the moment
00:04:54
um so at the moment most people are still working on physical sensors
00:04:59
so they have electromagnetic sensing devices that you have to install
00:05:02
under every single parking spot and the t. differentiate are
00:05:06
with us is that with a single camera you can really overlook many many spots the higher up you are
00:05:12
of course this put depends on the configurations so we really per for um
00:05:16
large lots with a lot of spots concentrated together so for example in uh
00:05:21
in the way right now we have a pilot running which actually it's not a pilot anymore we've running you've been running it for two years
00:05:27
with just two cameras we cover four hundred and fifty spots so it's really the minimisation of hardware
00:05:34
yes
00:05:38
um yes ah unfortunately really depends on the frequency that the satellite images
00:05:43
are available that you might because um if you're interested in having
00:05:47
real time information to help guide with parking then you needed much
00:05:50
more frequently than satellite images are taken but for alex definitely

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